Online Camera and Camcorder Sales - Australia Market Research Report

Date Published: June 2017

Point and click: Rising consumer acceptance of online shopping is boosting industry growth

Over the past five years, growth in the Online Camera and Camcorder Sales industry has been driven by greater online connectivity. Greater consumer acceptance of online shopping and modest growth in real household discretionary income have also helped to support the industry's performance over the period. As a result, more consumers have used online stores in search of better prices than at traditional bricks-and-mortar stores. Industry revenue is expected to increase by an annualised 6.7% over the five years through 2016-17, to reach $249.6 million. This includes an estimated 2.9% rise in 2016-17.The rapid proliferation of smartphones has supported online connectivity over the past five years, with consumers increasingly accessing digital content on their mobile devices...read more.

Industry Report - Industry Analysis Chapter

The industry has grown steadily over the past five years, supported by greater online activity and the growing popularity of online shopping. The widespread use of smartphones has supported online connectivity and boosted online shopping revenue, as consumers have increasingly purchased items via their mobile devices. However, improvements in built-in smartphone cameras have constrained demand for certain industry products, such as small fixed-lens cameras, as consumers have been using smartphones to take photos. However, industry revenue is expected to rise at an annualised 6.7% over the five years through 2016-17, to $249.6 million. Revenue is projected to grow by 2.9% in 2016-17, aided by stronger discretionary income rises...purchase to read more.

Additional Insights for the
Online Camera and Camcorder Sales
Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Online Camera and Camcorder Sales Industry are

Ability to control stock on hand

Ability to adopt new technology

Provision of superior sales service

IBISWorld analysts also discuss how external factors such as Real household discretionary income and Consumer sentiment index in the Online Camera and Camcorder Sales industry impact industry performance..

Industry retailers operate websites that enable consumers to purchase cameras, camcorders and associated goods. Industry participants are either pure-play retailers or bricks-and-mortar stores that also have an online store. Commercial camera equipment such as closed-circuit TV devices are not included in the industry.

“IBISWorld grants access to abundant information on industries which we have credit exposure in allowing for a quick and easy source for trends, key issues, risks, opportunities, competitive environment and overviews, all of which is updated frequently and presented in consistent formats.”

“Synovus... has incorporated the use of third-party trade and market data to gain insight into the performance and cash needs of its customers. For instance, it studies market reports from more than 700 industries by research company IBISWorld to better determine loan opportunities.”

“Just wanted to let you know that our students really love IBISWorld. I cannot tell you how many times it was the only place to pull up data on small industries and the Risk Rating is wonderful.”

- BB&T

- Synovus Financial Corporation

- Rice University

“Since TradingPartners started working with IBISWorld, we have been able to build upon our category knowledge providing a deeper dive into all the interrelated factors that affect each market, especially regarding global impacts to the US market.”

“IBISWorld is an extremely powerful resource for audit planning from a risk perspective (SAS 104-111), client closing interviews to demonstrate industry knowledge as a trusted advisor, and client prospecting for understanding the industry to help win new accounts.”

“The industry analysis available in IBISWorld has been a staple in our information resources for the past several years. The consistent reporting, from industry to industry, helps with our ability to compare industry performance and outlooks.”

- TradingPartners

- Rothstein Kass

- Applied Marketing

“We have utilized IBISWorld industry reports for several areas within our testing at [Client name withheld for privacy]. Whether it be the testing of goodwill/intangible revenue projections or testing the actual revenues for the current year, we have found IBISWorld to be of great use.”

“IBISWorld is a valuable resource for assisting us in current market trends in various client environments.”

“I like providing ‘best of’ professional service and your reports certainly help me do that.”

“IBISWorld grants access to abundant information on industries which we have credit exposure in allowing for a quick and easy source for trends, key issues, risks, opportunities, competitive environment and overviews, all of which is updated frequently and presented in consistent formats.”

- BB&T

“Synovus... has incorporated the use of third-party trade and market data to gain insight into the performance and cash needs of its customers. For instance, it studies market reports from more than 700 industries by research company IBISWorld to better determine loan opportunities.”

- Synovus Financial Corporation

“Just wanted to let you know that our students really love IBISWorld. I cannot tell you how many times it was the only place to pull up data on small industries and the Risk Rating is wonderful.”

- Rice University

“Since TradingPartners started working with IBISWorld, we have been able to build upon our category knowledge providing a deeper dive into all the interrelated factors that affect each market, especially regarding global impacts to the US market.”

- TradingPartners

“IBISWorld is an extremely powerful resource for audit planning from a risk perspective (SAS 104-111), client closing interviews to demonstrate industry knowledge as a trusted advisor, and client prospecting for understanding the industry to help win new accounts.”

- Rothstein Kass

“The industry analysis available in IBISWorld has been a staple in our information resources for the past several years. The consistent reporting, from industry to industry, helps with our ability to compare industry performance and outlooks.”

- Applied Marketing

“We have utilized IBISWorld industry reports for several areas within our testing at [Client name withheld for privacy]. Whether it be the testing of goodwill/intangible revenue projections or testing the actual revenues for the current year, we have found IBISWorld to be of great use.”

- Deloitte

“IBISWorld is a valuable resource for assisting us in current market trends in various client environments.”

- Marshall & Stevens

“I like providing ‘best of’ professional service and your reports certainly help me do that.”

The Online Camera and Camcorder Sales market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Includes the necessary information to perform SWOT, PEST and STEER analysis.

Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.

Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Online Camera and Camcorder Sales market research report includes:

Historical data and analysis for the key drivers of this industry

A five-year forecast of the market and noted trends

Detailed research and segmentation for the main products and markets

An assessment of the competitive landscape and market shares for major companies

And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Online Camera and Camcorder Sales, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.